Q. I have heard that it's possible now to put a ticket on hold from anywhere from 3 weeks and longer. Then you have the option of buying the ticket or letting it go. Any info on this, and if it's legitimate?
A. U.S. Department of Transportation regulations require that, as long as you've booked a non-refundable ticket 7 days ahead of your flight, you're entitled to hold your reservation and the fare, and change or cancel within 24 hours of booking. No airline that we know of offers holds for as long as 3 weeks, though United's FareLock allows for hold periods of up to 7 days, but only on certain fares and for a fee. You can also auto-schedule your fare to be purchased at the end of the hold period, or cancel it should you change your mind.
More info on fare hold and change policies here.
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